Gold, a roadmap for the future - will it look like the past?
This analysis takes the chart patterns from the 2006 to 2011 gold bull market and overlays them to the current market condition.
If these chart patterns were to play out in the current gold bull market we could expect a few different scenarios.
#1 A run up to about $2300 between now and October
# 2 A major pullback to about $1740 between October and December, and then
#3 A sustained push to the bull market peak of about $3750
What do you think is going to happen. Great to hear everyone's thought?
If these chart patterns were to play out in the current gold bull market we could expect a few different scenarios.
#1 A run up to about $2300 between now and October
# 2 A major pullback to about $1740 between October and December, and then
#3 A sustained push to the bull market peak of about $3750
What do you think is going to happen. Great to hear everyone's thought?